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Approximate interpersonal comparisons of well-being

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  • Pivato, Marcus

Abstract

We propose a mathematical model of `approximate' interpersonal comparisons of well-being, in terms of an incomplete preorder over a space of `psychophysical states'. We argue that this model is consistent with people's intuitions about interpersonal comparisons, intertemporal preferences, and changes in psychological identity over time. We then construct several simple mathematical models to illustrate the versatility of this approach.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 25224.

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Date of creation: 20 Sep 2010
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Handle: RePEc:pra:mprapa:25224

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Related research

Keywords: interpersonal comparisons; utility; well-being; welfare; intertemporal choice; metapreferences; multi-utility;

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References

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  27. Pivato, Marcus, 2010. "Aggregation of incomplete ordinal preferences with approximate interpersonal comparisons," MPRA Paper 25271, University Library of Munich, Germany.
  28. Sondermann, Dieter, 1980. "Utility representations for partial orders," Journal of Economic Theory, Elsevier, vol. 23(2), pages 183-188, October.
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Cited by:
  1. Pivato, Marcus, 2010. "Risky social choice with approximate interpersonal comparisons of well-being," MPRA Paper 25222, University Library of Munich, Germany.
  2. Pivato, Marcus, 2011. "Social choice with approximate interpersonal comparison of welfare gains," MPRA Paper 32252, University Library of Munich, Germany.
  3. Pivato, Marcus, 2010. "Aggregation of incomplete ordinal preferences with approximate interpersonal comparisons," MPRA Paper 25271, University Library of Munich, Germany.

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